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Sep 26, 2012
09/12
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but certainly after line 11 there were issues associated with the ability in the united states to recover from the situation that was in, and i supported those tax relief measures, and i think they were partially responsible at least to the economic boom that we had in the mid 2000's. i do support extending all of them. however, i also believe that what we really should do is to fold the issue of extending the bush tax cuts into a much larger debate about fundamental tax reform. fundamental tax reform bill would make the nation more competitive globally, that will make it possible for us to make the tax is simpler, may raise some rates in areas and lo wer in others. but to have this campaign dogma about raising taxes on those making more than $250,000 a year really doesn't help the economy recover. but it certainly does create a good campaign fodder. i believe that we need to act in a bipartisan fashion, working with republicans and democrats together understanding our differences on this issue and try to come up with a more fundamental plan for tax reform that will make the u.s. more com
but certainly after line 11 there were issues associated with the ability in the united states to recover from the situation that was in, and i supported those tax relief measures, and i think they were partially responsible at least to the economic boom that we had in the mid 2000's. i do support extending all of them. however, i also believe that what we really should do is to fold the issue of extending the bush tax cuts into a much larger debate about fundamental tax reform. fundamental tax...
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Sep 10, 2012
09/12
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and so a credit rating cut in the united states might not actually effect the united states, but it could draw investors to look at, say, spain and italy and realize that they need to start thinking more about political risks involved in other economies. most investors are probably looking at that already -- >> i was going to ask you a question. can you say, can you tell or recall how much money left the markets when just the threat of the failure to raise the debt ceiling was out there? i mean, a lot of the instability in the markets and our economy is coming from the sort of gridlock that's here, right? >> right. it is very difficult to measure, and one of the things you'll find in looking at the economy is there's so many things going on that it's almost impossible to pinpoint one specific issue. last july and august as we were threatening to inflict a wound on ourselves, the europeans were doing one to themselves. so it's hard to see what part was the united states debt rating downgrade that led stocks to drop precipitously in august and september and what part was august, -- europe.
and so a credit rating cut in the united states might not actually effect the united states, but it could draw investors to look at, say, spain and italy and realize that they need to start thinking more about political risks involved in other economies. most investors are probably looking at that already -- >> i was going to ask you a question. can you say, can you tell or recall how much money left the markets when just the threat of the failure to raise the debt ceiling was out there?...
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Sep 19, 2012
09/12
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the clerk: s. 3576, a bill to provide limitations on united states assistance and for other purposes. mr. reid: i now ask for a second reading but object to my own request. the presiding officer: objection is heard. mr. reid: mr. president, i ask unanimous consent -- the presiding officer: the bill will be read for a second time the next legislative day. mr. reid: pardon me for interrupting the chair. i ask unanimous consent that when the senate completes its business today it adjourn until 9:30 a.m. tomorrow, thursday, septembe 20. that following the prayer and pledge, the journal of proceedings be approved to date, the morning hour deemed expired and the time for the two leaders be reserved for their use later in the day, that the majority leader be recognized and that the first two hours be equally divided and controlled between the two leaders or their designees with the republicans controlling the first half, the majority the final half. at 2 p.m. all postcloture time on the motion to proceed to s.j. res. 117, the continuing resolution be considered expired and the senate proceed
the clerk: s. 3576, a bill to provide limitations on united states assistance and for other purposes. mr. reid: i now ask for a second reading but object to my own request. the presiding officer: objection is heard. mr. reid: mr. president, i ask unanimous consent -- the presiding officer: the bill will be read for a second time the next legislative day. mr. reid: pardon me for interrupting the chair. i ask unanimous consent that when the senate completes its business today it adjourn until...
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Sep 20, 2012
09/12
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requirements on the united states? well, there are more than 5 1/2 million veterans living with disabilities, american veterans. they and thousands of others live with disabilities but they travel, study, work and serve overseas, often with their families. ratifying this treaty will help to ensure they enjoy the same accessibility and opportunity they do right here at home. ratifying this treaty will give the united states a well-deserved seat at the international table so the u.s. can provide its guidance and expertise and experience to other countries working to adopt laws, upgrade infrastructure and modernize facilities to meet the high standards we've already set and met. american businesses have invested time and resources to comply with the a.d.a., the americans with disabilities act. businesses in some countries are not required to comply with similar standards. compliance with the treaty levels the playing field by requiring foreign businesses to meet accessibility standards similar to those already met by amer
requirements on the united states? well, there are more than 5 1/2 million veterans living with disabilities, american veterans. they and thousands of others live with disabilities but they travel, study, work and serve overseas, often with their families. ratifying this treaty will help to ensure they enjoy the same accessibility and opportunity they do right here at home. ratifying this treaty will give the united states a well-deserved seat at the international table so the u.s. can provide...
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Sep 26, 2012
09/12
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israel is an ally of the united states, and that the united states, when it entered that position the palestinians knowing that said we still want the united states because we know that no other country could get israel to ultimately allow a second state palestinian state next to israel because it needs the security that the united states would provide in the event it didn't turn out well as many people think it wouldn't because, if you just look at the palestinian -- the situation today, i personally am for a two-state solution. do i believe it's going to happen in my lifetime? no. do the israels want it? yes. do the palestinians want it? i don't believe it. because if they did, they would be at the table negotiating. but they haven't been for more than a year. and the reason i believe that is because they think that ultimately that can wait out the western world and ultimately have a single state in which they will overwhelm the israeli. that is why if you ask the head of the palestinian authority mohammed -- [inaudible] which is what i was looking for. you ask him, do you accept a
israel is an ally of the united states, and that the united states, when it entered that position the palestinians knowing that said we still want the united states because we know that no other country could get israel to ultimately allow a second state palestinian state next to israel because it needs the security that the united states would provide in the event it didn't turn out well as many people think it wouldn't because, if you just look at the palestinian -- the situation today, i...
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Sep 10, 2012
09/12
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bush was the president of the united states. and we were on the brink of financial collapse, according to the description of his own secretary of the treasury. mr. president, let's remember what the economy was doing in the fourth quarter of 2008. the economy was shrinking at a rate of over 8%. in fact, it was shrinking at a rate of almost 9%. in the first month of 2009 -- the last month of the bush administration -- we lost 800,000 jobs in one month. so when people say, "are we better off today than we were then?" well, just as a factual matter, there really can be no dispute. we are dramatically better off today than we were four years ago. four years ago, we were on the brink of financial collapse. four years ago, the economy was shrinking at a rate of almost 9% and we were losing 800,000 jobs a month. now, those are facts. they cannot be disputed. today we are growing -- not as fast as we'd like. jobs are being created -- not as fast as we would like. but that is a dramatic improvement over four years ago. and let's remember
bush was the president of the united states. and we were on the brink of financial collapse, according to the description of his own secretary of the treasury. mr. president, let's remember what the economy was doing in the fourth quarter of 2008. the economy was shrinking at a rate of over 8%. in fact, it was shrinking at a rate of almost 9%. in the first month of 2009 -- the last month of the bush administration -- we lost 800,000 jobs in one month. so when people say, "are we better off...